marketing strategy
Your 2012 Marketing Plan: Tell Me What to Do
Jan 5th
The ever-awesome Mitch Joel wrote a dizzying blog post forecasting that 2012 is The Year of More.
He points out that 2012 will be a year of technological and information abundance:
- Social sharing will intensify and choices will multiply
- The marketing stage — even for small businesses — will be more global
- The opportunity to target in a hyper-local way will create an unprecedented push of “deals”
- Devices are still multiplying, not consolidating
- Brands will be fighting hard to connect with us more directly and more personally
- Sorting through the information density today is difficult and becoming impossible.
Mitch is right of course (just don’t tell him that I said so). But here is the grand irony. All of these trends fly directly in the face of what consumers really need right now.
We need LESS.
Consumers are paralyzed by choice and overwhelmed by information density. I just viewed a TV ad for something called Deal Chicken. I thought, does the world really need another freaking way to get coupons? We can’t handle the number of deals we’re already getting!
Time-starved consumers just want to be told what to do. How do I save time? How do I save money? How can I have more fun? Just tell me. I don’t need to sift through 1 billion results on Google. I have far too much choice. I just want to know.
Isn’t it ironic that companies like Facebook and Google are collecting so much information about us to presumably make our decision-making more streamlined and efficient? Does anybody feel that their information flow is more streamlined today?
Mitch is right. 2012 will be the Year of More. But that is in direct opposition to what consumers need. There’s a business opportunity in there somewhere, isn’t there? How are you helping your customers sort through complexity? How will you tell them what to do?
How do you make your content go viral — offline?
Oct 25th
It’s likely that you (and your customer contacts) are doing the job that used to be done by three people. The information density of our world is overwhelming. Budgets and resources have been slashed.
It seems that everything is working against our ability to connect with customers and share information that could influence a purchasing decision and close a deal!
On the Internet side of the business, a new model for personal power and influence has emerged. Enabled by widespread access to high-speed Internet and free publishing tools like blogging and Facebook, a new generation of influencers has emerged who have created a niche by being able to create compelling content and move it through an engaged network.
So now I want to take this idea a step further and push this thinking a new way. If you have been immersed in the social web for awhile, this idea of influence probably makes sense. But how do we apply this same model to the OFFLINE world?
How do we establish power and influence by creating compelling content and moving it through a HUMAN network instead of a digital one?
For example, success in sales often depends on your ability to tell the story of your company and the benefits of your product. But that task is more difficult than ever. The competition is fierce, and your procurement contacts have less and less time to learn about what you do … let alone understand it.
So how can we use Web 2.0 communication tools to break through the clutter and move our marketing message virally through Procurement, through corporate gatekeepers, and into the hearts and minds of executive decision-makers?
Here are a few lessons from moving content online that might help move it offline too:
Infographics – While we might be weary of infographics, wouldn’t that be an interesting way to cut through the clutter with a busy purchasing manager? Instead of giving them a glossy brochure or power point presentation, why not a one-page, cleverly-designed picture of your business?
Aggregate content – When I interview customers during my market research activities, I always ask them what they hate about their jobs. I look for activities that my client might be able to take on for them to make them indispensable. The answer usually leads back to something about stress and a lack of time to get things done. How can you use Web 2.0 utilities to help customers solve problems and save time? Can you aggregate industry content in a helpful way so that a message from your company cuts through the clutter once a week?
Make ‘em say wow – Let’s face it. Most company corporate communications are bland. They’re little more than glossy, buzz-laden press releases. Yet the communications that really stand out and get shared ENTERTAIN people! Do you remember the day last year when the Google logo was a little PacMan game? If you saw it, I’ll bet you remember it, played it, and probably shared it. It was a little thing that helped them stand out and make people go “wow!” If you have ever seen an example of a corporate marketing communications that makes you go “wow” I’d like to see it. Rare exceptions … but why?
Visual selling — I don’t know what you call this technique, but many magazines are now doing lists where you can feature the “top 10 of something” by flipping through a picture or graphic and a small amount of text. An example from Inc. is here. This is an effective communincation format when you want to summarize the highlights, yet I have never seen it used out side of this magazine format. Sort of a Flipbook/infogrpahic combination.
I don’t have all the answers, but what do you think about the idea? How can we apply online marketing principles and best practices to the offline world to get to decision makers?
Why Klout matters. A lot.
Sep 12th
If you hate Klout … and you probably do … try to take a deep breath and read ahead with an open mind.
Nothing seems to get rational people in a frenzy as much as Klout and its attempt to measure “influence.” I have immersed myself in the world of online power and influence over the past six months and feel like at this point I have probably studied this topic more than any person on earth! And, unlike every other blogger on the planet it seems, I’ve come to the conclusion that this is a very important development. In fact, a historically important development.
Before I get into why, let’s knock a few obvious facts out of the way:
- Klout cannot measure every type of influence. Never has. Never will.
- Klout can be “gamed.” Is there anything on the Internet that can’t be?
- It is uncomfortable being publicly rated and compared to other people.
- Yes, it is stupid that Klout thinks you’re influential about lamps or sheep. It is still in the early stages of development.
Now, for a different perspective.
Before the Internet, you had to actually accomplish something to be a celebrity. Today, anybody can drum up some attention for themselves by creating content that virally moves through the social web.
Even me.
In my small world here in Knoxville, Tennessee, USA, I might influence my family, maybe some business colleagues, and that’s about it. But give me a blog and a Twitter account and I have people from all over the world telling me that I have impacted them. That is a situation that could only have happened at this precise moment in human history! It is a possibility enabled by technology – widespread access to low-cost, high-speed Internet service and free/easy social publishing tools.
Just a few years ago, there is no way you would have heard of Mark Schaefer. Now I’ve been quoted in the New York Times and featured on MSNBC for just one reason: I am able to create, and move, my content.
So even a nobody like me can become an Influencer. And that’s pretty darn cool. In fact, we’re in an era where you don’t have to be a sports star or a politician to have influence. All you have to do is write about your favorite topic and you can have your chance to be a little bit famous.
Content is power.
The ability to create and move content is the absolute key to online influence. So think about this — To the extent that you could actually measure that, wouldn’t you also be creating an indicator of relative influence?
That’s what Klout is trying to do. They are finding the people who are experts at creating, aggregating, and sharing content that moves online. Nothing more.
That may seem rather simple but it’s actually complex, and from an academic and business point of view, a significant development.
“Influence” has been one of the most studied aspects of politics, marketing, sociology, and psychology and yet it has never really been measured in a statistically valid way. Until now. People creating content is an action. Having a link clicked, or a message re-tweeted, is an effect. Finally, there is something to measure in this field. In fact there are billions of actions and effects to measure and compare every day!
So an important distinction is that if you’re not on the social web, you’re obviously not being measured. To argue that I should not have a higher Klout score than Oprah is missing the point. Of course I should have a higher score. Oprah doesn’t tweet, so she can’t be measured. That does not mean that GLOBALLY I am more powerful than Oprah. It means that in my little sliver of the online world, among my audience, and on my topics, I can be influential. And, so can you.
A word of mouth revolution
For decades companies have spent big, big money to try to identify and nurture word-of-mouth influencers. This is an expensive and inexact science. Can you see how amazing it is to now be able to quickly, easily, and cheaply find and connect with the people who are influential about movies in Memphis? Or who generate buzz about beer in Berlin?
You can imagine that companies would be all over this. Some of the biggest and brightest marketers and brands like Disney, Audi, Starbucks, and Nike have incorporated Klout influencers into their traditional marketing efforts. And it is working. According to Klout, each influencer in one of their Perk programs generates an average of 30 pieces of content and millions of possible impressions. The cost per thousand impressions is incredibly low compared to other forms of advertising and it is ORGANIC since it is being generated by people who already love the brands.
Now, you can go ahead and keep writing blog posts all day long about how stupid Klout is and I’ll simply suggest that you are putting emotion ahead of facts and doing a disservice to your customers. Of course all of the negatives at the top of the article are true and valid. But don’t miss the forest for the trees. This trend is happening with you or without you, so calm yourself and start to study this as an important online marketing weapon.
Social scoring is improving. It is a historically significant development. Big brands care. And so should you. Right?
The end of marketing as we know it
Aug 26th
One of my strategic partners bought me one of these Cisco umi devices. It’s kind of like high-definition Skype for a big screen TV. He thought it would be useful for our long distance collaboration.
We ran into technical and service problems and it took us four months before the damn thing was operational. It was also priced too high, and then you had to subscribe to a pricey monthly service plan. I honestly didn’t know how Cisco was selling these things into a home market which is what they were obviously trying to do through their Ellen Page TV ads.
I have a friend who works for Cisco and I suggested that any Marketing 101 student could have seen the obvious technical, competitive, and pricing issues with this product. All they needed to do was a little analysis and research. “That’s the problem,” he said. “They never did that. They are not even applying any type of basic marketing plans to their new product development and sales efforts.”
Is it posible that a blue chip company like Cisco is ignoring marketing fundamentals?
I have long wondered … when will it get to the point where the product development cycle becomes so short in the tech business that marketing became obsolete? Here are further indications that we may have reached that point:
- Last week Hewlett-Packard killed its entry into the tablet computer market (TouchPad), just 48 days after it was first put on sale.
- A few months ago, Microsoft pulled the plug on its Kin mobile phones after less than two months of sales.
- Remember how the A-List bloggers gushed about Google Wave? It was buried 77 days after it was launched.
- Pure Digital, maker of the popular Flip camcorder, had planned to release the Flip-Live on April 13, but Cisco, which had just acquired Pure Digital, shut the entire division on April 12.
What the heck is going on here? How could these big, smart companies make these seemingly big, dumb moves? Don’t they have any business school grads who know how to do customer, product, and competitive research? Market testing and planning? A SWOT analysis for Pete’s sake?
I’d like your views on this but it seems that there are a few factors at play here:
- The short product development cycle and rapid rate of product obsolescence forces companies to take shortcuts on research and market planning expenditures. The product launch is now the same as the market test.
- Frequent executive changes and consolidation in the tech industry forces a tendency to “clean house.”
- When Apple is the dominant competitor, it is an expensive proposition to try to compete against them.
- If a product is not immediately perfect, it is crushed by tech bloggers and negative social media buzz.
If I am correct and this does represent a point where the speed of business has outpaced marketing’s ability to research and plan, there are some serious implications for all of us.
Significant brand damage. H-P didn’t just have a misstep, it breached consumer trust. How can you put your faith in a company and its products if it is short-sighted enough to dump a major market entry in a couple of weeks? Your most loyal early-adopters just shelled out $500 to buy your tablet and you pull the rug out from under them?
The end of brand-building? Take a look at this picture of the first iPod. When it was introduced in 2001, it wasn’t the first MP3 player or the prettiest one, or the one with the most memory, but it was the product willing to stick with a plan and innovate at a breath-taking pace. Apple didn’t build that brand over night. They did it right and gave the product a chance to grow. What is the world coming to when a company dumps a product before it ever has a chance to catch on?
What about competition? Did you see that Facebook apparently abandoned its “places” feature after just a few months? This was supposed to compete with Foursquare. Are you telling me Facebook can’t knock Foursquare around? We need competition in the tech industry. In fact these companies need competition. The main advantage of Google Plus is that it has slapped Facebook in the face and said “Compete!” We’re sure to get better products out of it. Apple seems committed to innovation but lets face it, without competition, their pace of change will slow too. Why spend heavily on R&D when nobody is even trying to unseat you?
Is this a weird and unprecedented moment in marketing history — the end of marketing as we know it — or is it simply an extended run of stupid?









You’re in marketing for one reason: Grow.
Grow your company, reputation, customers, impact, profits. Grow yourself. This is a community that will help. It will stretch your mind, connect you to fascinating people, and provide some fun along the way. I am so glad you’re here.
-Mark Schaefer








